Are Things Reviving in Silicon Valley?

I wouldn't discount the prospect of a significant up-surge in the Silicon Valley. These are savvy people who have a way of enterprising their way back to the top. Yes, much of the tech sector is being outsourced to off-shore locations, but there is a lot left in the Valley. Moreover, look for the Valley's entrepreneurs to build new ties and partnerships abroad. It's international partnership time!

Check out these two clips from a recent Christian Science Monitor article.

"No, the nascent tech rally in the stock market is not the second coming of million-dollar stock options and all-expense-paid business trips to Fiji - at least not yet, most here say. But it may well mean that the worst times are past, and that technology will no longer inhibit the national recovery."

"Moreover, it is times like now, when scientists and entrepreneurs can fully turn their attentions toward a new generation of innovation, that the technological cornerstones for the next boom are laid. "Today, a lot of that noise [from the Internet boom] is gone," says Bill Ericson of Mohr, Daidow Ventures. "It is an environment of stability ... where you can work toward building up a good idea." Adds fellow venture capitalist Allan Thygesen of the Carlyle Group in San Francisco: "It is no different from the first half of the 1990s."